India, July 30 -- US stock futures traded higher early Thursday, recovering from the previous session's sharp sell-off as investors welcomed upbeat earnings from Microsoft while continuing to assess the Federal Reserve's latest interest rate decision. Market participants also remained focused on upcoming U.S. inflation, jobs and GDP data that could shape expectations for future monetary policy.

Dow Futures Rise Over 150 Points Before Market Open

Futures linked to the Dow Jones Industrial Average rose 158 points, or 0.31%, before the opening bell, signaling a potential rebound after Wednesday's steep losses. The recovery comes after the Dow plunged 1,153.18 points (2.19%) in the previous session, marking its biggest single-day decline si...